See Home Value
Burnet 78669
1017 Indian Mound RD
$1,200,000
● House - Off Market

1017 Indian Mound RD

Spicewood, TX 78669
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
2,322 Ft²
$5,893
Est. Monthly

About This Property

MOTIVATED SELLER! Family Compound; Short Term Rental Lodge; Second Home; Vacation Home! 3 separate cabins. The fully unrestricted property is very private and can be commercial or residential. 6 private bedrooms each with their own private entrance and vanity with sink 5.5 bathrooms. $175K+ in recent improvements (see attachment in Docs entitled "Seller Improvements"). As fully furnished sleeps up to 26 adults comfortably - Non realty items convey with the right price for true plug-n-play value, negotiable otherwise. Seller purchased in 2021 as a 2nd home/vacation home and listed on Airbnb/VRBO with guest bookings approx 30% of the year 2022: $120K; 2023: $80K; 2024: $80K. (Financial reports available upon request) In 2025 owner shut bookings down to remodel & prepare for sale listing/hire 3rd party property mgt company. Gorgeous 180 degree lake views; lake access and boat dock with tram. Property is less than 10 mins fm Krause Springs very inexpensive day trip excursion; & approx 15 mins fm Briarcliff Marina boat rentals; Pace Bend boat ramp. Though the lake levels of Lake Travis eb and flow - even at its lowest, guests continued to book and give the property 5 STAR reviews/superhost status! The property offers tremendous lake views and lake access - large boat dock with large slip and two jet ski pads. ESTIMATED FINANCIALS W/POOL (based upon multiple 3rd party management companies opinions): $150K+; See attached docs for  more information including "nearby fun day trips"
Unit Size
2,322 Ft²
Days on Market
-
Land Size
1.21 acres
Price per sqft
$517
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1981

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Last updated: 2 years ago (Unlock MLS #ACT6028875)

Price History

Date / Event Date Event Price
Aug 29, 2025 In contract -
In contract
Jul 30, 2025 Price Decreased $1,200,000
↓ $290K (19.5%)
Price Decreased
Jul 9, 2025 Price Increased $1,490,000
↑ $140K (10.4%)
Price Increased
Jun 3, 2025 Listed by LPT Realty, LLC $1,350,000
Listed by LPT Realty, LLC

Property Highlights

Air Conditioning
Fireplace
With View

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 4
  • Pool Type: 0
  • Location Influence Type: 164

    Dimensions

  • Lot Size Square Feet: 42,253
  • Total Building Area: 2,412
  • Gross Building Area: 2,764
  • Building Area: 2,412
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 2,412
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ALLISON WILLIAMS
  • Land Acres: 0000000970
  • Standard Land Use Code: 1001
  • County Land Use Code: A3
  • State Land Use Code: A3
  • Legal Description 1: ABS A0976 ALLISON WILLIAMS, TRACT (AKA TRACT 6), .972 ACRES, AND .246 SUBMERGED

Neighborhood

  • School District Name: Marble Falls Independent School District
  • Census Tract: 960802

Geography

  • Assessors Map Reference: 122-A2
  • Subdivision Tract Number: 6
  • Parcel: 57706
  • Municipality: SPICEWOOD
  • Latitude: 30.4724
  • Longitude: -98.0997

    Address

  • Full Address: 1017 Indian Mound Rd
  • Address - House Number: 1017
  • Address - Street Name: Indian Mound
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Spicewood
  • Carrier Code: H009
  • 4-Digit Zip Code: 3161
  • Zip Code: 78669

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,805,354
  • Tax Rate Code Area: WCD

    Appraisal Valuation

  • Standard Deviation: 0.3622
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 27
  • Final Value: 1,227,857
  • High Value: 1,672,672
  • Low Value: 783,041

    Market Valuation

  • Market Total Value: $1,302,879
  • Market Land Value: $325,000
  • Market Improvement Value: $977,879

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,302,879
  • Assessed Land Value: $325,000
  • Assessed Improvements Value: $977,879

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 19, 2021
  • Current Sale Price:
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 202117450
  • Previous Sale Recording Date: Dec 29, 2008
  • Previous Sale Contract Date: Dec 12, 2008
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Burnet


Similar Homes for Sale

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Nearby Rentals

Unit for rent at 1213 Lake Shore Drive, Spicewood, TX, 78669

$3,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,512 ft²
1213 Lake Shore Drive, Spicewood, TX, 78669 Listing by Travis Springer


Frequently Asked Questions

When was property at 1017 Indian Mound Road built and last sold?
The property at 1017 Indian Mound Road was built in 1981 and last sold on Oct 15, 2021 for $1,390,000.
How much is this home worth?
The estimated value of the home located at 1017 Indian Mound Road is $0.
What are some comparable homes to 1017 Indian Mound Road?
There are currently no comparable homes to 1017 Indian Mound Road.